The 1909-S Lincoln Cent is one of the key date issues in the Lincoln Cent series. Not only is it a first year of issue coin, but it's low mintage of 1,825,000 coins has made it popular amongst collectors from nearly the day they were minted. There are two major repunched mintmark varieties of 1909-S Lincoln Cents. The much more common RPM variety is designated as FS-1502 in the Cherrypickers' Guide and is commonly referred to as the S over Horizontal S variety. The FS-1502 is so common that there is relatively little premium given to attributed examples. The other major RPM, designated as FS-1501 is much more scarce. The FS-1501 features a relatively easy to see S repunched over an underlying S just to the northeast. To illustrate the scarcity, in looking at the population reports of certified examples, there are approximately thirty-five (35) examples of the FS-1502 attributed for every FS-1501 attributed and the true spread is likely greater considering many FS-1502 varieties are not attributed given the expense of attribution and the relatively small premium. This example of the scarce FS-1501 1909-S/S Lincoln Cent has been graded MS64RD by NGC and is encapsulated in one of their newer-style edge-view holders. To date, only two (2) examples of this variety have been attributed by NGC in the MS64RD grade (this coin and one other) with just three (3) examples grading higher, a single MS65RD and a pair of MS66RD coins. At PCGS, there are also only three (3) examples grading higher than this coin, a pair of MS65RD examples and a single MS66RD specimen. Accordingly, this example of this tough variety is near the top of the census with just a handful of known specimens that grade higher. The coin is bright red, has full Mint luster and is free of carbon spotting. Just a small hairline scratch in the left obverse field keeps the coin from grading at least a point higher. A rare offering of a fully red mint state example of this tough first-year Lincoln Cent variety.